Corporate News - Copperbelt Katanga Mining

Shanta Gold Uncovers $5.28 Billion Underground Gold Deposits in Western Kenya 1

$5.28 Billion Gold Reserves Discovered in Western Kenya’s Lirhanda Corridor, Boosting Mining Investment A British mining company, Shanta Gold Kenya Limited, announced on Wednesday the discovery of extensive underground gold deposits in Kakamega County, western Kenya, estimated to be worth more than $5.28 billion (Sh683 billion). Officials have described the find as a historic milestone for Kenya’s mineral sector. The discovery was made in the Lirhanda Corridor, a 1,200-kilometer mineral belt spanning Kakamega and Vihiga counties, following years of intensive exploration and drilling. “The project aims to secure the necessary… Read More Here

Corporate News Gold International

Barrick Mining Boosts Dividends and Launches Operational Review Amid Record Free Cash Flow

November 14, 2025November 14, 2025 Constance

Barrick Mining Reports $1.5B Free Cash Flow, Increases Dividend and Launches Nevada-Pueblo Viejo Operational Review Barrick Mining has used the first quarter following the unexpected resignation of CEO Mark Bristow to announce an operational review and measures to return capital to shareholders, supported by record free cash flow. The company reported $1.5 billion in free cash flow for the three-month period, driven by soaring gold prices that hit all-time highs in US dollars. In response, Barrick increased its base dividend and expanded its share buyback program. “This strong cash flow… Read More Here

Corporate News Gold International

Barrick Gold Posts Record Q3 2025 Earnings and Cash Flow on Higher Production and Strong Prices

November 11, 2025November 11, 2025 Constance

Barrick Gold Reports Record $2.4 Billion Cash Flow and $1.3 Billion Profit in Q3 2025 as Gold Output Rises Barrick Gold Corporation reported record quarterly cash flow and earnings for the third quarter of 2025, fueled by higher gold production, lower operating costs, and robust commodity prices. The world’s second-largest gold miner said operating cash flow surged 82% from the previous quarter to $2.4 billion, while free cash flow jumped 274% to $1.5 billion. Net earnings climbed to $1.3 billion, or $0.76 per share, with adjusted earnings up 23% to… Read More Here

Mining in Zambia Corporate News Mergers & Acquisitions News in Brief

Shuka Minerals Receives $300,000 Funding Tranche for Zambia Mine Acquisition

November 11, 2025November 11, 2025 Constance

Shuka Minerals Secures Initial $300,000 from GMI to Advance Zambia Zinc Mine and Leopard Exploration Deal Shuka Minerals, an AIM-listed mining company, has received an initial $300,000 funding tranche from its financing partner Gathoni Muchai Investments (GMI) as part of an expanded loan facility to support its planned acquisition of Leopard Exploration and Mining and the Kabwe Zinc Mine in Zambia. The payment marks a key step toward completing the acquisition, which had been delayed due to funding holdups from GMI. Under the revised financing arrangement, GMI has confirmed that… Read More Here

Mining in DRC Corporate News Lithium

Australia’s Regulator Takes Legal Action Against AVZ Minerals for Concealing DRC Lithium Project Dispute

November 11, 2025November 11, 2025 Constance

ASIC Sues AVZ Minerals Over Alleged Failure to Disclose Congo Lithium Dispute Australia’s corporate regulator has filed a lawsuit against AVZ Minerals Ltd. and two of its directors, accusing the company of failing to disclose a major legal dispute with the Democratic Republic of the Congo (DRC) over its stake in one of the world’s largest lithium projects. The Australian Securities and Investments Commission (ASIC) announced on Tuesday that it has initiated civil proceedings against the Perth-based miner, alleging breaches of continuous disclosure obligations and misleading and deceptive conduct related… Read More Here

Mining in DRC Corporate News

Mercuria and TechMet Explore Tantalum Mining Venture in DRC Amid US-Brokered Peace Talks

November 11, 2025November 11, 2025 Constance

Mercuria, TechMet Weigh Tantalum Mining Partnership in Eastern Congo as US Seeks Peace and Strategic Minerals Access Mercuria Energy Group Ltd. has held preliminary discussions with TechMet Ltd., a US-backed critical minerals investment company, over a potential partnership to develop one of the world’s richest tantalum deposits in the conflict-torn eastern Democratic Republic of Congo (DRC) — contingent on a US-brokered peace deal. According to people familiar with the matter, the Geneva-based commodities trader and TechMet are considering a joint venture to modernize mining and processing operations near Rubaya, an… Read More Here

Mining in Zambia Corporate News Events & Expos Sponsored Content

Mingomba Mining Hosts Inaugural Service and Suppliers Fair, Ushering in a New Era of Collaboration in Zambia’s Copper Sector

November 10, 2025November 11, 2025 Constance

A landmark event reshapes supplier engagement and sets a new benchmark for collaborative mining in Zambia Mingomba Mining Limited, a joint venture of KoBold Metals and ZCCM-IH, launched its first-ever Service and Suppliers Fair, a landmark event that signals a bold new chapter for Zambia’s mining industry. Held in Chililabombwe, the two-day gathering brought together hundreds of contractors, entrepreneurs, government officials, and industry leaders to explore partnership opportunities as the company advances toward full-scale mine development. For Mingomba and its parent company KoBold Metals, a California-based exploration and technology firm,… Read More Here

Copper Corporate News Mining in DRC

Glencore Reports Lower Q1 2025 Copper Output Across Global Operations in DRC, Chile, and Peru

November 8, 2025November 8, 2025 Constance

Glencore Copper Production Drops 17% in Early 2025, Rebounds in Q3 with Higher Grades at Key Sites Global mining giant Glencore produced 583,500 tonnes of copper in the first quarter of 2025 — a 17% decrease compared to the same period in 2024. According to an official company statement, the decline stemmed from lower ore grades and reduced recovery rates, consistent with its planned mining sequence. The most significant reductions came from: Collahuasi: -59,000 tonnes Antamina: -23,400 tonnes Antapaccay: -15,200 tonnes Kamoto Copper Company (KCC): -16,800 tonnes Strong Third-Quarter Recovery… Read More Here

Mining in DRC Corporate News

Glencore Strengthens Its Commitment to Responsible Mining and Social Impact in the DRC

November 8, 2025November 8, 2025 Constance

Glencore DRC Reports Strong 2024 Performance with Industrial Recovery, $53 Million in Social Investments, and Renewed Energy Partnerships The year 2024 was a defining one for Glencore in the Democratic Republic of Congo (DRC). Marked by the resumption of industrial operations, major investments, and expanded social initiatives, the company strengthened its position as a global leader in responsible and sustainable mining. Speaking at the 7th Annual Glencore Conference on November 4, 2025, themed “Ensuring the Future of Global Standards with Social Impact,” Marie-Chantal Kaninda, President of Glencore DRC and Chair… Read More Here

Mining in DRC Copper Corporate News

DRC Strengthens Global Copper Role Through ERG-Mercuria Partnership

November 8, 2025November 8, 2025 Constance

DRC Copper Market Boosted by ERG-Mercuria $100M Deal Amid Rising Global Demand The Democratic Republic of Congo (DRC) continues to solidify its position as a key global copper producer. On October 30, 2025, Swiss trader Mercuria Energy Trading announced a three-year agreement with Eurasian Resources Group (ERG) to purchase copper from its Congolese assets. The partnership includes a pre-financing facility of up to $100 million, though specific details such as pricing, copper volumes, or interest rates were not disclosed. While such agreements are common in the sector, the deal has… Read More Here